New public car policy saves US$22.41 million a year

Monday, October 26, 2015 12:40

The new regulation on the use of state-own or public automobiles effective September 21 would help Vietnam save VND500 billion (US$22.41 million) a year, according to the Department of Public Asset Management under the Ministry of Finance.

Specifically, Decision 32/2015QĐ-TTg has determined automobile number at Government agencies and capped it at only 1-2 automobiles per agency.

Vietnam has nearly 40,000 public automobiles excluding those at people armed forces and state owned enterprises, reported the department.

The decision has reduced the number by 7,000, saving about VND500 billion in new car purchase and operation and maintenance costs.